Uniswap Interface Adds New Hooks: SauceTax9 and BtcAcc
Uniswap Interface Adds New Hooks: SauceTax9 and BtcAcc
馃 Hooks Just Got Saucy
Uniswap's interface has integrated two new hooks to enhance trading functionality:
- SauceTax9 Hook: Implements new tax mechanisms for trades
- BtcAcc Hook: Adds Bitcoin-related accounting features
This follows March's successful integration of Verified Pools and Graduation hooks. The interface team continues to evaluate and add new hooks as they demonstrate reliability and user value.
Note: Hooks are custom code modules that extend Uniswap's core functionality.
New hooks alert 馃 The Uniswap interface now routes through the SauceTax9 hook and BtcAcc hook
New Protocol Tackles Unfair Token Distribution Through Continuous Clearing Auctions
**Token distribution transparency gets an upgrade** A new protocol launches to address the **closed-door nature** of token distributions that currently favor select players. Key issues being solved: - Information gaps in current distribution methods - Privileged access for limited participants - Lack of transparency in the process **The Continuous Clearing Auction Protocol** aims to democratize token distributions by creating a more open and fair system. This builds on the broader trend of tokenization bringing **transparency and efficiency** to traditional markets, extending those benefits to the distribution phase.
Uniswap v4 Hits $200B Swap Volume Milestone
**Uniswap v4 has reached $200 billion in total swap volume**, marking another major milestone for the decentralized exchange protocol. This achievement comes just months after v4 crossed the $100B threshold in July, demonstrating **accelerated adoption** of the latest version. **Key context:** - Base network saw $19B in October swap volume - its largest month since January - Arbitrum became the first L2 to surpass $400B in total Uniswap volume - The rapid growth from $100B to $200B shows increasing DeFi activity The milestone reflects **growing institutional and retail adoption** of decentralized trading across multiple blockchain networks.
Uniswap Web App to Support 7,702 Smart Wallets with Pectra Upgrade
Uniswap's web application is preparing for Ethereum's Pectra upgrade, scheduled for Q4 2024. The update will enable compatibility with 7,702 smart wallets from day one of launch. Key points: - Pectra upgrade focuses on improving core smart contract functionalities - Enhanced user experience features for wallet interactions - Significant expansion of wallet support across the Uniswap ecosystem This integration represents a major step forward in making DeFi more accessible and user-friendly on Ethereum.
Uniswap v4 Volume Growth Analysis
Uniswap v4 continues to demonstrate significant growth in trading volume, reaching nearly $13B within just 90 days of launch. Key metrics: - From $500M in February to $13B in May - Represents ~26x growth in 3 months - Averaging about $144M daily volume This growth follows broader protocol success, with Base reaching $150B in all-time volume and total Uniswap Protocol processing $2.94T in swap volume. The rapid adoption suggests strong market validation for v4's new features and improved efficiency.